Suncor Energy

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Description

In August 2009, Suncor Energy completed its merger with Petro-Canada to create Canada's premier energy company.

The 'new' Suncor Energy began trading on the New York Stock Exchange today and on the Toronto Stock Exchange on August 7.

Suncor Energy became Canada's largest energy company and the fifth largest North American-based energy company by market value when it opened trading. The new Suncor combines a leading position in Canada's oil sands with complementary operations in refining and marketing, North American natural gas production and conventional production internationally and offshore East Coast Canada. The company also holds a significant position in Canada's emerging renewable energy industry with wind power projects and biofuels production.


Latest Suncor Energy News

100,000 Layoffs and Counting: Is this the New Normal?

This time a year ago, the oil industry's biggest problem was finding a way to deal with the 'retirement tsunami' about to crash down on it as older oilfield workers hung up their cork boots to enjoy freedom-55. Now, with oil prices still in the doldrums, many of those same workers are lucky to be ha... Thursday, March 19, 2015

Suncor Energy reports fourth quarter 2014 results

"Suncor has built a strong balance sheet in preparation for a lower crude price environment," said Steve Williams, president and chief executive officer. "Our focus on capital discipline has been integral to our financial strength. Most recently, we finished the year $300 million belo... Thursday, February 5, 2015

New member appointed to Suncor Energy Board of Directors

Jim Simpson, Chair of the Board of Directors of Suncor Energy, is pleased to announce the appointment of Jacynthe Côté to the company's Board of Directors. Ms. Côté's appointment is effective immediately. "I'm pleased to welcome Ms. Côté to ou... Wednesday, February 4, 2015

Michael Waring has seen the energy downturn movie before, and he's not worried

With oil and gas prices down, it's time to cull the herd, sell marginal producers and double down on the strong ones in your portfolio, says Michael Waring, founder of Galileo Global Equity Advisors Inc. In this interview with The Energy Report, Waring explains that this kind of correction happe... Friday, January 30, 2015

Back to basics: why conventional drilling makes sense in 2015

This New Year, an old trend may become a new trend as conventional drilling in North America is once again in the spotlight at a time when oil prices continue their slump and the unconventional becomes increasingly uneconomical. Advanced horizontal drilling and hydraulic fracking for extraction is ... Thursday, January 15, 2015

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